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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: gonzongo who wrote (24)	10/5/1996 1:10:00 PM
From: SteelBlueIce	of 3325

Hi Andy, Well, one simple system right off the the top of my head would be interesting but you would need some mighty deep pockets: Buy equal amounts of stocks making new highs on Monday, say 10 or 20 of them. Exit from each stock individually with a 10% win or loss, whichever comes first. Richard's BBB scan will produce stocks that one day will appear on a new high list, 2 different animals. What I wish I could do is make myself more computer literate so that I can test a system like I described up above over 10 years. See what it would be like. My thinking is that there will be a majority of stocks making new highs and continuing their northerly flow. I'm going to look back 10 days and see what would have happened and I'll post back the results. Regards, Jerry

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